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Restaurant - Asian Cuisine - Inner West - (Code: W1805)

Restaurant Asian cuisine - Takings $30,000 pw - Inner West Syd -Urgent sale

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Price: $139,000






Weekly Takings (inc GST) $30,000
Cost of Goods $10,000
Gross Profit $20,000
Rent $4,301
Wages $10,000
Outgoings $
Telephone $
Insurance $95
Electricity $500
Gas $300
Misc 1 $
Misc 2 $
Total Expenses $15,196
Net Profit $4,804
Coffee Kilos P/W 0.0

Estimated Stock

$8,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>Restaurant serving a huge variety of authentic Korean dishes - Lunch combo, Park cutlet, braised pork belly, jokbal, bossam combo, noodles, katsu, hot pots, bulgogi, 9 different fried chicken menus, exhaust system on ceiling and each stone table has LNG gas BBQ system installed. Strong power air conditioning installed. - 110 seats - Liquor license obtained until 1:00 a.m</p>

Potential
Existing cooking system can be utilised - convert to Chinese hot pot, Korean BBQ, Japanese cuisine or Thai. - Owner couple could save on wages, Promote through internet media.

Features
Prime corner location - Spacious and modern shop fit out - Ready for any kind of BBQ restaurant.

Premises
Asian restaurant with a modern fit out and an area of 260 sq. mts. situated on first floor of building.

Location
Modern restaurant situated on prime corner in Inner West Sydney.

Trading Hours
6 days - Mon. - Thurs. - 5.30 p.m. - 9.30 p.m. (dinner only) Fri. -Sun.-12.00- 9.30 p.m. - Closed Tues.

Lease
5 + 5 year lease from Sept. 2019 - 3 months bond - Rent increases 5% per year.

Employees
Under management - 5 full timers + 6 part timers

Comments

If the new owner wants to convert to the duct system for a BBQ Restaurant it would cost approx. $80,000 to connect. Owner has invested over $400,000. - Full training will be provided by vendor with recipes. -Owner plans to open another restaurant. - Not a franchise, - Motivated vendor - For inspection please contact your broker - please do not contact staff or owner.



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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXW1805

For more details please call (02) 9439 4403
or click here to register with us.


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